Glencore: nickel, coal production higher; copper, ferrochrome down
Glencore, in its First Quarter 2022 Production Report, says its own sourced copper production of 257,800 tonnes was 43,400 tonnes
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Copper
Financing for Prieska Deeps continues in parallel with project engineering
An early production assessment for the Prieska Copper-Zinc Project has been fast-tracked, with investigations into phasing the project development to
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Anglo American Copper production decreased by 13% in Q1
Copper production decreased by 13% to 139,500 tonnes due to planned lower grades. Production from Los Bronces decreased by 17%
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Anglo American comments on its Los Bronces copper project
Anglo American is currently engaged in an environmental assessment process for its Los Bronces Integrated Project (LBIP) in Chile, a
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Casting shop to be installed at PT Smelting’s Gresik copper smelter
Metso Outotec will deliver its 100th Anode Casting Shop to PT Smelting’s (PTS) copper smelter in Gresik, East Java, in
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Nevada Copper reports record monthly production at Pumpkin Hollow
Nevada Copper has announced positive operations advances at its Pumpkin Hollow project, including record monthly production and continued expectation of
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Glencore’s copper production was 1.2 mt, 5% lower than 2020
Starting the year below $8,000/t, copper prices set a record high of $10,748/t in May, basis improved physical demand conditions,
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Zijin Copper stops production at Serbia smelter for three months
BELGRADE – The Bor Smelter, which operates within Serbia Zijin Copper company, will not be operational between April 20 and
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Glencore’s highlights its metals and minerals marketing activities
Commodity markets generally performed well throughout the year, bolstered by a widespread economic recovery, following the pandemic’s severe economic impacts
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Barrick and Balochistan Agree in Principle to Restart Reko Diq Project
Islamabad – Barrick Gold Corporation and the governments of Pakistan and Balochistan have reached agreement on a framework that provides
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Metals Acquisition Corp to acquire CSA Mine from Glencore
Metals Acquisition Corp (MAC) and Glencore have entered into a binding agreement for the sale and purchase of Glencore’s CSA
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Rio Tinto to acquire full ownership of Turquoise Hill
LONDON – Rio Tinto has made a non-binding proposal to the Turquoise Hill Board to acquire the approximately 49% of
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Ukraine war affects Russia exports of copper
Sanctions imposed by Europe and the US on Russia are adopted along with the serious Ukraine crisis. In addition to
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Strong results from Kamoa-Kakula copper joint venture
Ivanhoe Mines has stated that the company recorded a profit of $48.2 million for Q4 2021, compared to a loss
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Filo Mining receives $79 million investment from BHP
Filo Mining announced today a $79 million (C$100 million) non-brokered private placement in the company by BHP Western Mining Resources
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First shipments of copper concentrate from Kombat mine in Namibia
Trigon Metals has announced the first shipments of copper concentrate from its Kombat copper mine in Namibia. The company said
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Anglo American: Copper, PGMs, iron ore, diamonds contribute to record profits
In a year of two distinct halves, Anglo American recorded strong demand and prices for many products as economies recouped
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As Russia invades, some commodities will benefit more than others
Additionally to oil, Russia is also a key supplier of several strategic commodities, all of which should benefit from heightened
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Copper in a renewables powered future is expected to double in 2030
As the world moves towards alternative energy sources, copper will remain in high demand. Global copper demand for alternative energy
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Copper is ideal non-precious metal for the clean energy transition
The transition to renewable energy and electrification will require commodities like copper. Copper has the highest electrical conductivity rating of
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Gécamines and Ivanhoe to develop high-grade Cu-Zn mine in DRC
Ivanhoe Mines has announced that Kipushi Holding, an Ivanhoe Mines wholly-owned subsidiary, and Gécamines have signed a new agreement to
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Jubilee to construct a processing facility for 25 000 tpa of copper
The roll-out of Jubilee’s copper and cobalt strategy offers the potential of significant continued earnings growth in addition to the
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Top 10 copper producing countries in 2021
Based on the preliminary data released by the U.S. Geological Survey (USGS), estimated global mine production of copper was 21
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Anglo American: Copper production down by 4% in Q4
Anglo American has admitted that its copper production in the fourth quarter decreased by 4% to 160,700 tonnes. Planned lower
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Eleven new copper wire rod plants for Amer International
The Amer International Group, based in Shenzhen, China, has placed an order with SMS group for eleven CONTIROD copper wire rod
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Amerigo exceeds its annual copper production guidance in Chile
Amerigo Resources has announced that the company produced 63.4 million pounds of copper from Minera Valle Central (MVC) in Chile
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Kamoa-Kakula surpasses annual copper guidance, Phase 2 on track
TORONTO, CANADA – Ivanhoe Mines has announced that Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant in the Democratic Republic
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Lundin Mining to acquire world-class Josemaria copper-gold project
Lundin Mining has announced that it has entered into a definitive agreement with Josemaria Resources to acquire all of its
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World’s largest horizontal continuous casters for brass billets
HME (Hailiang Metal Europe) has placed an order with SMS for a four-strand, fully continuous horizontal caster for brass billets.
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BHP fights potentially lost battle for copper, nickel, PGM company
BHP’s proposed acquisition of Noront has come to a standstill, for now. The mining major has been bidding against Australia’s
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